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...Natura, which does not own Avon in the US, is combining the brand’s operations in Latin America with its own business, leaving a question mark over the future of Avon International, which spans Europe, the...
...The Granolas as a group have climbed 18 per cent over the past 12 months beating the Stoxx 600’s 7.5 per cent rise over the same period....
...Dodds said North America was “critically important to all motorsports”, and that Formula E would be open to selling the team to a US manufacturer....
...That compares with 6.8 per cent at Volkswagen, on S&P Capital IQ estimates. Being big also means that necessary investments, in new models and R&D, are less of a drag....
...Back in May, when the staples sell-off began, yields for S&P 500 staples were about 2.5 per cent on average, only a bit better than the wider market....
...The pool isn’t for serious swimmers, being 35 feet long and a slightly strange triangular shape, but ideal if you’re looking for some R&R....
..., UK, US: S&P Global/HCOB services purchasing managers’ index (PMI) figures Indonesia: Q4 GDP figures Mexico: Constitution Day holiday....
...The refinery expansion falls into a broader public works programme that is one pillar of the veteran left-winger’s plans to kick-start Latin America’s largest economy and drag it out of a prolonged period...
...To March 17; further information and tickets here ‘Juan Francisco Elso: Por América’, Museum of Contemporary Art, North Miami A fresh retrospective on the late Cuban artist....
...A nice way to tell the story of US consumer resilience is with Coca-Cola’s results in North America. In the third quarter, prices rose 5 per cent, and volume was flat. Not impressed?...
...But the reality (HT Mitu Gulati) was a bit of a let-down: The United States of America respectfully submits this Statement of Interest in accordance with federal statutes that authorize the United States...
...The S&P Global Clean Energy index has dropped 38 per cent from a recent peak in January 2023 to its lowest level since July 2020 and is down 30 per cent over the past 12 months....
...These included the top lot of the art auction, another Monet — “Peupliers au bord de l’Epte, temps couvert” (1891) — for $26.5mn ($30.8mn with fees, est $30mn-$40mn)....
...Personally I don’t believe expenses such as R&D should be treated as investments. Most are stay-in-business costs, often wasted, and for the market as a whole a zero-sum game....
...This reduces the risk that S&L spending declines even if revenues weaken more than we expect but is unlikely to boost spending absent a downturn....
...Such activity is a sign that a new era of high borrowing costs is starting to bite in corporate America, whose overall borrowings now total $13tn according to Federal Reserve data....
...The UK spends billions on R&D but relative peanuts on the gatekeepers that bring products to market. The balance needs to be adjusted. And relatively speaking, you’ll get a lot of bang for your buck....
...Catharine Bond Hill, managing director of Ithaka S+R, a higher education consultancy, said that far greater focus and funding is necessary in the US for these less exclusive colleges....
...He self-describes as a “big R” Republican and a “little L” libertarian. He’s non-interventionist, but this is not as counterintuitive as it sounds....
...Plot the S&P 500 index return against the Nikkei 225 from just before the pandemic....
...“We don’t know yet whether the consequences of easy money and regulatory changes will cascade throughout the US regional banking sector (akin to the S&L Crisis) with more seizures and shutdowns coming,”...
...At Avon, sales have been affected by the conflict between Russia and Ukraine (Natura does not own the brand in North America)....
...While it was still unclear whether the SVB debacle would cascade into a big fat new S&L Crisis, “it does seem inevitable that some banks will now need to pull back on lending to shore up their balance sheets...
...“[A]lmost every legacy international news outlet said that because of our “#Bitcoin bet”, El Salvador was going to default on its debt by January 2023,” he lamented, claiming there were “[l]iterally, hundreds...
...The Cac 40 has risen 16 per cent so far this year and by more than 30 per cent since a low at the end of September, outperforming Europe’s region-wide Stoxx 600 and the US S&P 500 over the same period....
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